Aerospace Composites Market to Cross 70.5 Kilo Tons Consumption by 2024 : GE Aviation, Solvay, Rolls-Royce, Airbus, Boeing, BASF, LMI Aerospace, Hexcel Corporation
Commercial aircraft is expected to dominate the aerospace composites market with 52% revenue share over the next eight years owing to rising usage of composites, especially carbon fiber in these aircrafts. Increasing expenditure in defense will support the high revenue generation till 2024.
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